Mark A. Heckler Sells 13,804 Shares of MB Financial Inc. (MBFI) Stock

MB Financial Inc. (NASDAQ:MBFI) insider Mark A. Heckler sold 13,804 shares of the stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $46.25, for a total value of $638,435.00. Following the completion of the sale, the insider now owns 55,236 shares in the company, valued at $2,554,665. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

MB Financial Inc. (NASDAQ MBFI) opened at $45.28 on Thursday. The firm has a market capitalization of $3,799.56, a PE ratio of 18.49, a price-to-earnings-growth ratio of 1.75 and a beta of 1.19. MB Financial Inc. has a 52 week low of $38.28 and a 52 week high of $48.47. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.84 and a current ratio of 0.89.

MB Financial (NASDAQ:MBFI) last released its quarterly earnings data on Thursday, October 19th. The bank reported $0.72 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.08. MB Financial had a return on equity of 8.40% and a net margin of 20.21%. The business had revenue of $252.21 million during the quarter, compared to analyst estimates of $253.15 million. During the same quarter last year, the business posted $0.61 EPS. equities research analysts expect that MB Financial Inc. will post 2.47 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.21 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.84 annualized dividend and a dividend yield of 1.86%. MB Financial’s dividend payout ratio is presently 35.90%.

Large investors have recently bought and sold shares of the business. Mutual of America Capital Management LLC boosted its holdings in shares of MB Financial by 9.4% during the 3rd quarter. Mutual of America Capital Management LLC now owns 165,408 shares of the bank’s stock worth $7,447,000 after purchasing an additional 14,186 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in MB Financial by 108.5% in the second quarter. BNP Paribas Arbitrage SA now owns 36,867 shares of the bank’s stock valued at $1,624,000 after purchasing an additional 19,187 shares during the period. Prudential Financial Inc. raised its position in MB Financial by 195.3% in the second quarter. Prudential Financial Inc. now owns 156,171 shares of the bank’s stock valued at $6,878,000 after purchasing an additional 103,290 shares during the period. Blair William & Co. IL raised its position in MB Financial by 2.4% in the second quarter. Blair William & Co. IL now owns 175,836 shares of the bank’s stock valued at $7,744,000 after purchasing an additional 4,079 shares during the period. Finally, Comerica Bank increased its position in shares of MB Financial by 24.9% during the second quarter. Comerica Bank now owns 68,769 shares of the bank’s stock worth $2,769,000 after acquiring an additional 13,701 shares during the period. Institutional investors own 76.61% of the company’s stock.

Several research analysts have commented on the company. SunTrust Banks set a $48.00 price objective on MB Financial and gave the stock a “buy” rating in a report on Friday, October 20th. Zacks Investment Research upgraded MB Financial from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $45.00 target price on shares of MB Financial in a research report on Tuesday, October 3rd. Jefferies Group reaffirmed a “hold” rating and set a $48.00 target price on shares of MB Financial in a research report on Friday, September 15th. Finally, Piper Jaffray Companies reissued a “hold” rating and issued a $44.00 price objective on shares of MB Financial in a research report on Thursday, October 19th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $47.63.

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MB Financial Company Profile

MB Financial, Inc (MB Financial) is a financial holding company. The Company’s segments include banking, leasing and mortgage banking. As of December 31, 2016, the Company’s primary market was the Chicago metropolitan area, in which the Company operated 95 banking offices through its bank subsidiary, MB Financial Bank, N.A.

Insider Buying and Selling by Quarter for MB Financial (NASDAQ:MBFI)

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